Zumper

427 Spring St
427 Spring St, Newport, RI 02840, USA

Apartment for rent
Monthly rent
$2,800–$3,500
Beds2–3
Baths1
Sqft800–900
modified
5+ Days Ago

Property Overview

With 45 photos, a quiet setting, and high-speed internet, this home offers a clear view of its appeal and supports everyday comfort and remote work. The open living space, granite countertops, and brand-new appliances add a modern feel, while nearby walkable amenities, dining, and entertainment contribute to an active social setting.

This summary uses Zumper’s proprietary data. “Things you’ll love” and “Great for” are based on our internal analyses of market trends and renter insights.

Things you’ll love

  • Images available

Great for

  • Social life
  • Work-from-home

Highlights

  • washer and dryer
  • open living space
  • granite countertops
  • new appliances
  • brand new appliances

Units

427 Spring St Newport, RI

Available

3

2 Beds

1 Bath

$2,800

Listed on 05/20/2026
Listed by Emma St. Laurent
Days on market: 21
Property Status: Pending Unfurnished YEARLY RENTAL available June 1, 2026. Conveniently located on Spring Street in the Yachting Village, this apartment enjoys lovely views of the grounds at The Elms from the front windows and views of Newport Harbor from the rear. Enjoy living one block from the waterfront, with multiple options for cafes, restaurants and groceries just minutes away. This top floor apartment is nicely appointed with brand new appliances, granite countertops, new windows, new flooring and fresh paint. The spacious layout of this apartment includes two large bedrooms and an open living space. Water and sewage is included in rent; tenant to pay gas, internet and electric separately. Washer and dryer in the basement. Pets considered. Office Phone: (774) 991-2342 Copyright © 2026 State Wide MLS of Rhode Island, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Available

1

3 Beds

1 Bath

$3,500

Listed on 05/20/2026
Listed by Emma St. Laurent
Days on market: 21
Property Status: Active Unfurnished YEARLY RENTAL available June 1, 2026. Conveniently located on Spring Street in the Yachting Village, this apartment enjoys lovely views of the grounds at The Elms from the front windows. Enjoy living one block from the waterfront, with multiple options for cafes, restaurants and groceries just minutes away. This first floor apartment was just renovated with a brand new kitchen and bathroom, fresh paint and refinished hardwood floors. The convenient layout includes three bedrooms and an open kitchen and living space. Water and sewage is included in rent; tenant to pay gas, internet and electric separately. Washer and dryer in the basement. Pets considered. Office Phone: (774) 991-2342 Copyright © 2026 State Wide MLS of Rhode Island, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Available

2

3 Beds

1 Bath

$3,500

Listed on 05/20/2026
Listed by Emma St. Laurent
Days on market: 21
Property Status: Active Unfurnished YEARLY RENTAL available June 1, 2026. Conveniently located on Spring Street in the Yachting Village, this apartment enjoys lovely views of the grounds at The Elms from the front windows. Enjoy living one block from the waterfront, with multiple options for cafes, restaurants and groceries just minutes away. This three bedroom apartment is nicely appointed with brand new appliances, new windows, fresh paint and refinished hardwood floors. Located on the second floor with multiple exposures, this apartment receives ample light. Water and sewage is included in rent; tenant to pay gas, internet and electric separately. Washer and dryer in the basement. Pets considered. Office Phone: (774) 991-2342 Copyright © 2026 State Wide MLS of Rhode Island, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Occupied Units

Occupied

3 Beds, 1 Bath

3 Beds

1 Bath

$3,500

Listed by Leasing Office
Days on market: 3015
3 Bedroom Summer Rental - Spring Street - Property Id: 53547 Summer rental This ideal intown location- AVAILABLE MEMORIAL DAY TO LABOR DAY- well maintained second floor 3 bedroom apartment on Spring St. Hardwood floors, newly renovated, nice furnishings. Steps to everything but not in loud area! $10000 for the season for 3 occupants. All utilities are included with a cap. All utilities included Apply at TurboTenant: http://rental.turbotenant.com/properties/53547 Property Id 53547 No Pets Allowed

Amenities for 427 Spring St

Some units at this address have these amenities. View unit details for more information.

Unit Amenities
  • Hardwood Floor
  • In-Unit Laundry
  • Dishwasher
  • Furnished

Policies at 427 Spring St

Applicants

Applicants

One-time.

Contact Property

REQUIRED FEES

Security Deposit

One-time. Refundable.

Contact Property

Questions about this property’s policies and fees?

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About 427 Spring St

HomeApartments in Newport 427 Spring St #1, Newport, RI 02840, USA

Explore the charm of 427 Spring Street in Newport, RI, a picturesque waterfront property offering 4 units with 2-3 bedroom options. Each unit boasts a spacious layout, ranging from 800 to 900 square feet, perfect for those seeking a comfortable living space. Enjoy the modern amenities, including brand new appliances, granite countertops, and refinished hardwood floors. Take in the lovely views from the open kitchen and living space. Additional conveniences include washer and dryer in the basement. As a resident, you'll appreciate the long-term rental options and the serene waterfront setting. This property is not pet-friendly. With only 4 units, this is a unique opportunity to experience the best of Newport living.

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Address details

Units4
Units available3
City
Zip code02840

427 Spring St #1 is great for:

Social life

  • Areas nearby are accessible by walking
  • 52 theaters, music venues, or sports arenas nearby
  • 175 restaurants within 1 mile of this property
  • Diverse age groups live in this area

Work-from-home

  • High speed internet is an amenity
  • Large windows for natural lighting
  • Quiet environment with little noise pollution

Property highlights

We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.

How 427 Spring St, Newport, RI 02840, USA compares to other nearby properties.

Positives

Images available
There are at least 10 photos of this address

Considerations

No in-unit dishwasher
Dishwashers aren't available

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Rent trends in Newport

If you decide to upgrade your space, you can expect 2-bedrooms at 427 Spring St #1 to be 7% less than the average for similarly sized apartments in Newport.

3-bedroom apartments at 427 Spring St #1 cost about 12% less than the average rent price for 3-bedroom apartments in Newport.

Median rents as of Dec 28 2024.
Newport
A table of studio rental data trends in Newport
MonthMedian Rent
June 2024$1,150
July 2024$1,150
August 2024$1,640
September 2024$1,750
October 2024$1,775
November 2024$1,700
December 2024$1,600

Affordability calculator

Can I afford to live at 427 Spring St?

Bedrooms

Rent-to-income ratio

30%

Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income

$112,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $112,000 annually to afford this 2-bedrooms monthly rent price of $2,800.
For more information on rent affordability, visit our rent calculator.

Rent history

The increase or decrease in monthly rent compared to the previous listing price.
Check out the past listing prices for monthly rent at 427 Spring St, Newport, RI.
8 years ago$3,5003 bed1 bath

Schools near 427 Spring St #1

Claiborne Pell Elementary School

35 dexter st

newport, RI, 2840

PK, K-4Public
C+

Wilbur & McMahon Schools

28 commons

little compton, RI, 2837

PK, K-8Public
A-
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Getting around Newport near 427 Spring St

Walking

9/10
No car? No problem. Everything you need is within a few blocks.

Driving

8/10
This area is close to freeways and has adequate parking options.

Cycling

5/10
More spots are within biking distance and some roads are cyclist-friendly.

Transit

3/10
There are a few mass transit options within the area.

Points of interest for 427 Spring St, Newport

Groceries

8/10
At least one supermarket within a 15-minute walk

Shopping

7/10
Several shops within a few minutes’ walk

Cafes

5/10
Some cafés within a few minutes’ walk

Restaurants

6/10
Variety of restaurants within a few minutes' walk

Primary schools

4/10
At least one elementary school within a 20-minute walk

High schools

5/10
At least one high school within a 20-minute walk

Parks

7/10
Large amount of park space nearby

Nightlife

6/10
Several bars within a few minutes’ walk

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